Some tax return accountants provide only a base level of service, leaving you to do the heavy lifting without the support you need. At Cortex Accounting, we are tax accountants that back you every step of the way.
Our clients benefit from our many years of experience as Adelaide accounting specialists, with our expert knowledge in gaining maximum benefit from your income tax return.
This includes a useful Income Tax Checklist that allows you to methodically collate all the information needed to complete your tax return. This information will allow us to work with you to achieve the optimal result from your tax return.
You can be confident that with Cortex Accounting tax return preparation and submission will be a smooth process, without the unnecessary stress of going ahead without the support of an accountant for tax return lodgement.
Depreciation is often a source of significant confusion, for both individuals and small business owners.
Property may be a component of your self managed super fund, or may form part of your investment portfolio. Either way, it is important to understand how to account for depreciation of property especially as it relates to capital gains tax or other tax categories.
If your business owns property, depreciating assets provide the opportunity to claim deductions and entitlements for capital allowance and capital works purposes. Calculating these is important to gain maximum benefit.
While we provide support to numerous individuals and small businesses looking for an account for tax return preparation that accurately covers depreciation of property, we also recommend the Australian Taxation Office’s online calculator.
Bookkeeping can be an area of significant stress for many small businesses. Without the correct tools, the burden of daily accounting can become extremely heavy. In extreme cases, businesses fail by simply not keeping on top of the bookkeeping.
That’s why many businesses seek out Cortex Accounting, in order to access comprehensive bookkeeping services that make running their business easier.
For those businesses that are more confident in independently managing their own affairs, we recommend the online accounting software Xero. It is an easy-to-use platform with everything you need to manage your daily bookkeeping requirements, streamlining your processes and integrating it into your business operations.